IRS 1031 Tax-Deferred Exchanges, TOD & Trusts

Many of our most satisfied clients have a conversation with us about capital gains taxes, estate taxes and how to best sell a farm while keeping taxable events to a minimum. Depending on you or your family trust financial circumstances, there are a variety of strategies that can be implemented prior to closing and after the sale of your farm real estate that could help reduce the tax burden. Since 1977 we have helped landowners, farm families and investors plan and sell farmland & wooded property in Indiana and Illinois agricultural farms utilizing these valuable techniques.

Farm Real Estate Tax Issues | Capital Gains & Estate Taxes

Will the net dollars from the sale of your farm be adequate for your financial situation? Do you need to plan for a continued income stream after the farm is sold? Planning for Charitable Remainder Trusts, Unitrusts or specific Annuity Trusts could be right for you. Have a conversation with an experienced land broker who understands how important these issue are to you. No two financial situations alike, therefore careful considered on any farm sale must be taken into account prior to listing.

Completed our first 3-way IRS 1031 Tax Deferred Exchange in 1977

Have worked with Transfer on Death (TOD) probate type sales

Advised on paths to creating income streams after a farm sale while reducing capital gains

What is the Best way to plan for a 1031 Exchange?

Often we are asked to meet with a farm family, landowners and investor to discuss the many issues and opinions related to selling the land real estate. lt can be a challenge to bring the important factors out and help sort out a solution that makes personal and financial sense for all involved. Today, we offer a complimentary guide to IRS 1031 Exchanges to anyone who requests it. We have provided this service many times and always welcome the opportunity to help in this sensitive area.

Start a conversation today by calling 765-426-6666

When it comes to planning for capital gains tax on a farmland sale, there are several methods to consider when selling. Depending on how the land is held, if you are selling farmland to family or if you plan to replace the farm property with another “like kind” investment, there are a variety of methods we utilize to help with farmland capital gains exemptions.

It starts with a conversation.

By the Numbers

We are often asked “what is the going price per acre for farmland?” and our answer will vary, depending on location, soil types, existence of wind turbines and more. What we can tell you is that today is a great time to buy or sell land. There are many buyers seeking to invest in land and with an experienced land broker, great opportunity to sell for a very price per acre.

96%

total percent of list price attained in 2016.

45 Days

average number of days to “under contract” on ag land in 2016.

Since 1977, with our aggressive & creative marketing plans, we have established ourselves as a leading farm and land real estate agency in Indiana.

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Location:

Geswein Farm & Land Realty LLC
3633 Chesterfield Way
West Lafayette, IN 47906